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AGI’s Stochastic Averages Dip: Analyzing Alamos Gold Inc.’s Stock Performance

Currently, the stock price of Alamos Gold Inc. (AGI) is $12.87. In the most recent trading session, the stock underwent a significant upswing, peaking…

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This article was originally published by Invest Chronicle

Currently, the stock price of Alamos Gold Inc. (AGI) is $12.87. In the most recent trading session, the stock underwent a significant upswing, peaking at $12.94 after opening at $12.57. The stock touched a low of $12.4817 before closing at $12.65.

The market performance of Alamos Gold Inc. has been somewhat stable. Over the past year, the company’s stock achieved a high of $14.12 on 05/04/23, with the lowest value for the same timeframe being $6.35, recorded on 09/26/22.

52-week price history of AGI Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Alamos Gold Inc.’s current trading price is -8.85% away from its 52-week high, while its distance from the 52-week low is 102.68%. The stock’s price range for this period has remained between $6.35 and $14.12. The Basic Materials sector company’s shares managed to surpass a trading volume of around 3.35 million for the day, which was noticeably higher compared to the shares’ average daily volume of 3.34 million over the last three months.

Financial Performance and Market Capitalization

Alamos Gold Inc. (AGI) has experienced a quarterly rise of 28.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.84B and boasts a workforce of 1840 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 11.65, with a change in price of +2.81. Similarly, Alamos Gold Inc. recorded 3,377,230 in trading volume during the last 100 days, posting a change of +27.93%.

AGI Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for AGI stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

AGI Stock Stochastic Average

As of today, the raw stochastic average of Alamos Gold Inc. over the past 50 days is 67.06%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 29.38%. Additionally, the Stochastic %K and %D values for the company were 22.22% and 20.67%, respectively, over the past 20 days.

AGI Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. This year’s metric has recorded a Price increase of 27.30%. However, over the past six months, we’ve seen a weaker performance of 44.28%. The price of AGI leaped by -0.39% over the last 30 days. And in the last five days, it has fallen by -1.53%.

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